American Clean Resources Group, Inc.

ACRGdata completeness 63%16 fiscal years on file

i. The business — what you’d actually own

Figure	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Revenue	—	—	—	—	—
Net income	−$1.13M¹	−$1.05M²	−$1.17M³	−$5.93M⁴	−$1.92M⁴
Operating cash flow	$1,164⁵	−$1,112⁶	$35,037⁷	−$112,786⁸	−$1.15M⁸
Capital expenditure	—	—	—	—	—
Free cash flow (derived)	—	—	—	—	—
Total debt	—	—	—	—	—
Cash & equivalents	$2,363⁹	$1,251¹⁰	$36,254¹⁰	$719¹¹	$5,296¹¹
Diluted shares	2.7M	2.7M	7.0M	13.9M	13.8M

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).

ii. Your slice — ownership made literal

If you owned

Net assets behind them

−$7.65

your share of equity

Profit it earned you last year

−$1.4

Free cash flow it threw off

—

Debt you’d be carrying

—

10 shares is a claim on −$7.65 of net worth that earned you −$1.4 last year.

iii. Is this a good business?

Moat signal · return on equity

— avg · 5y

Not enough data in the filings for a return-on-capital reading.

Management signal · capital allocation

+414% shares · 5y

Share count is up 414% over 5 years — owners have been diluted. Worth asking what they got for it.

Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.

iv. What it’s worth — engine v0.1.0

DCF · Growth Exit 10Y

not applicable

only 0 years of FCF (need ≥3) — model not applicable

DCF · Growth Exit 5Y

not applicable

only 0 years of FCF (need ≥3) — model not applicable

Earnings Power Value

not applicable

normalized (5y-median) earnings non-positive — EPV undefined

Graham Number

not applicable

diluted EPS missing or non-positive — Graham Number undefined

Different models answer different questions — which to trust when →

Sources — the receipts